$SUPER/#BTC [#SuperVerse]: SuperTrend Resistance_Breakout_Confir◳◱ We have identified both a Super Trend pattern and a Resistance Breakout on the $SUPER / $BTC chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00000671 | 0.00000716 | 0.00000817 and the major support zones are at 0.0000057 | 0.00000514 | 0.00000413. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000651 ₿
▣ 24HVol: 5.977 ₿
▣ 24hChng: 3.006%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000671 | 0.00000716 | 0.00000817
◢ Support: 0.0000057 | 0.00000514 | 0.00000413
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.76 - Very Bullish
▣ Reddit sentiment score is 0.80 - Very Bullish
▣ In-depth SUPERBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Super
SuperFarm (SUPER) formed bullish Gartley for upto 34.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of SuperFarm (SUPER) with US Dollar pair.
Recently we caught more than 41% pump of Super as below:
Now on daily time frame, SUPER has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SUPER, SUPERFARM LONG, RETEST (W) BREAKSo many interesting trading opportunities right now. A market pull back will probably take SUPER to the "FIB-area" between 0.5 and 0.618. That's exactly where I put my red line in the chart. I think this one could turn out to be a big one in the long run - non financial advice!
DCA into Gaming - GALA, SUPER or UOS? Gaming coins have taken a big hit this bear market. Now I feel that it's time to DCA into a couple of them. GALA need 30 X (!) to reach All Time High (nov 21). Excited to see what gaming coins can do next bull market. Here are my top 6 gaming coins 1. ) Matic 2.) PYR, 3.) UOS, 4.) GALA, 5.) SAND, 6.) SUPER.
BTC- Update a few months laterHi,
As you can see...$BTC is still not looking attractive in any sense of matter. The ALT coins are starting to decouple as seen in the previous cycles.
IMO we have been in a bear market for quite some time now, waiting on BTC to finally capitulate. A test around $20,000 will offer some amazing risk/reward opportunities on almost all bluechips in crypto.
I have over 60% of my portfolio in USD, waiting for the right time to buy. Every dip is not worth buying, no matter which Twitter influencer told you so.
I will be splitting my holdings into two groups- Blue Chips and Meta-verse.
META-
$UOS
$VRA
$SUPER
$PYR
$FTM
$SOUL
BLUECHIPS-
$BTC
$ETH
$DOT
$LINK
$ADAX
$SOL
Here is why I suggest you should use the SUPER TREND!I see the weekend is here. A new week is about to begin, and it's time to get organised, reflect on your progress so far, and learn something new to help you achieve your trading goals., and boost your profitability.
Let's be honest, I am someone who normally likes to follow the trends. A lot of the trend following indicators I've encountered along the way in my professional and career growth haven't made sense to me. Moving averages, Average Directional Index, Moving Average Convergence-Divergence, Parabolic SAR etc. I always had a lot concerns with the indicators being able to swiftly follow the price movement, as well as identify a clear reversal of the underlying trend. However, I came through to find this SUPER 'super trend' indicator some while ago, and by testing this and adding it to my intraday trading strategy, I finally see that I could rely on one single indicator to help me identify the trend quickly and more efficiently (never 100% of course it is still not a holy grail!) but the results were good enough for me to write down this post to you guys.
What is the Super trend indicator?
'Super trend,' as the name implies, is a trend-following indicator, similar to moving averages and MACD. It is plotted on prices, and the position of the prices reflects the current trend. When we build the Super trend indicator, the default settings are 10 for the ATR and 3 for the multiplier. The average true range (ATR) is important in 'Super trend' since it is used to determine the indicator's value and it indicates the degree of price volatility, which is one reason why this indicator beats Moving averages, which disregards price volatility.
Super trend Indicator Formula
The super trend indicator computation is illustrated below–
Up = (high + low / 2 + multiplier x ATR)
Down = (high + low) / 2 – multiplier x ATR
Average True Range = / 14
The number 14 represents a period in this context. As a result, the ATR is computed by multiplying the previous ATR by 13. Add the most recent TR and divide it by the time.
As a result, ATR is an essential component of the supertrend technical analysis indicator.
How to Use Super trend Indicator to Identify Buy and Sell Signals?
Super Trend, as a trending indicator, performs well in trending markets (both uptrends and downtrends). When the indicator flips over the closing price, it is easy to identify a buy-sell indication. When the Super Trend closes below the price and the colour turns to green, a buy signal is issued. A sell signal is generated when the Super Trend closes above the price and the colour of the Super Trend changes to red.
There is no such thing as a 100 percent accurate technical indicator, and Super Trend is no exception. It also produces erroneous signals in sideways markets, however it produces fewer false signals than other indicators. As a result, you may use Super Trend in conjunction with other indicators to provide more accurate trade signals.
Follow my daily analysis posts on my account to check out how to combine it with other momentum indicators as well as use it for multi-time frame analysis!
SUPER long or short?Black Mountain Analytical Team:
SUPER 3 possible scenarios
Wait for the price reaction to the area and zone.
We will wait for the price reaction to the Resistance line and the static Resistance range. After the price reaction, we can enter.
We are currently monitoring it to catch it in the first price movements.
TREND LINE-Resistance area
--RSI
Superfarm at support and getting into my buy zoneSuperfarm is at the support trendline. This may be a good buy zone for the long term and it provides a good risk reward. We would keep a tight stop loss at the support trend line. If Super doesn't respect the support trend line and go below it with volume we would exit the position for a small loss but if it continues to respect in line with the historical price action, I expect a 2x return in the near turn. Obviously DYOR and this is not a financial advice but I'm adding here.
SUPERUSDT SETUPSUPERUSDT price dropped as bearish sentiments prevail in the market last week but as we can see the price holds its fib level golden ratio support. And wedge formation can also play its part in establishing a bullish sentiment. So keep an eye as we are expecting the bulls are just warming up in Super. Good Luck!